State

Through the state’s Employ Illinois program, small businesses may qualify for low-interest loanns to acquire land, purchase equipment, provide working capital, buy inventory or make capital improvements. To qualify, small businesses must have gross annual receiptsof $3 million or less, or $5 million or less for businesses in low-income census tracts, and provide a brief explanation as to why conventional loan financing is not adequate and why an Employ Illinois loan is necessary.

The Office of the Governor offers business start-up information, licensing information, grants and loans. The website offers practical business startup and management guides, resources for hiring employees and running a business, as well as selling or purchasing a business.

The Department of Commerce and Economic Opportunity offers loan programs, grants, tax assistance, resources and support through the Illinois Entrepreneurial Network, where local providers offer assistance in business planning, marketing, product development, government contracting, international trade and regulatory compliance.

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L3C Chicago, L3C, owns and operates SmallBusinessExecutive (SmallBizChicago.com). The company also provides editorial services and consulting to media outlets and other organizations, including content strategy, editorial management, reporting, writing, editing and research.
The company launched SmallBizChicago.com in 2010 as a pilot project. Today it serves to showcase the company's capabilities while providing information and inspiration to other small businesses.
Now called SmallBusinessExecutive, the site provides the stories behind small businesses and also the lessons their owners have learned in an effort to inform, inspire and connect businesses and the public in Chicago and beyond.
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